Sensex drops 400 points as global markets tumble; Nifty below 21,550
January 3rd, 2024 11:28
From the Sensex stocks, Tata Steel, Wipro, Infosys, JSW Steel, HCL Tech and Tech Mahindra were the top laggards, falling 1-2%. On the flip side, Reliance, Sun Pharma, Bajaj Finance, Nestle, and M&M opened with gains.
Very positive on the overall financial pack, bullish on large banks: Nitin Raheja
January 3rd, 2024 11:27
Nitin Raheja says: “Six months down the road or in the second half of this year, you were to see rate cuts actually transpire. At that period of time, some of these larger banks will have superior return on asset and return on equity standing there would actually get re-rated from where they stand today. It all portends very well for some of the large banks now.”
Load More